Greece’s prime minister launched efforts to form a coalition government to run the country for the next four months, saying yesterday that the move is vital to securing a mammoth new debt deal and demonstrating commitment to remaining in the eurozone.
Greek Prime Minister George Papandreou won an early-morning confidence vote in the Socialist-led parliament on a pledge that he was willing to step aside and form a cross-party caretaker government.
However, it remains unclear whether the main opposition conservatives and other parties will take part in the talks and drop a demand for an immediate general election.
Hours after winning the vote, Papandreou met with Greek President Karolos Papoulias.
“Cooperation is necessary to guarantee — for Greece and for our partners — that we can honor our commitments,” Papandreou said at the start of yesterday’s hour-long meeting.
“I am concerned that a lack of cooperation could trouble how our partners see our will and desire to remain in the central core of the European Union and the euro,” he said.
Papandreou, mid way through his four-year term, was forced into the move by his austerity-weary Socialist party after he abandoned a proposal to hold a referendum on a new European debt deal.
Frustrated with Greece’s protracted political disagreements, the country’s creditors have threatened to withhold the next critical 8 billion euro (US$11 billion) loan instalment until the new debt deal is formally approved in Greece.
Greece is surviving on a 110 billion euro rescue-loan program from eurozone partners and the IMF. It is currently finalizing a second mammoth deal: To receive an additional 130 billion euro in loans and bank support, with banks agreeing to cancel 50 percent of their Greek debt.
“My immediate aim is to do everything I can to create a broad cooperation government ... I am not tied to my post,” Papandreou said.
A Ministry of Foreign Affairs official yesterday said that a delegation that visited China for an APEC meeting did not receive any kind of treatment that downgraded Taiwan’s sovereignty. Department of International Organizations Director-General Jonathan Sun (孫儉元) said that he and a group of ministry officials visited Shenzhen, China, to attend the APEC Informal Senior Officials’ Meeting last month. The trip went “smoothly and safely” for all Taiwanese delegates, as the Chinese side arranged the trip in accordance with long-standing practices, Sun said at the ministry’s weekly briefing. The Taiwanese group did not encounter any political suppression, he said. Sun made the remarks when
The Taiwanese passport ranked 33rd in a global listing of passports by convenience this month, rising three places from last month’s ranking, but matching its position in January last year. The Henley Passport Index, an international ranking of passports by the number of designations its holder can travel to without a visa, showed that the Taiwan passport enables holders to travel to 139 countries and territories without a visa. Singapore’s passport was ranked the most powerful with visa-free access to 192 destinations out of 227, according to the index published on Tuesday by UK-based migration investment consultancy firm Henley and Partners. Japan’s and
BROAD AGREEMENT: The two are nearing a trade deal to reduce Taiwan’s tariff to 15% and a commitment for TSMC to build five more fabs, a ‘New York Times’ report said Taiwan and the US have reached a broad consensus on a trade deal, the Executive Yuan’s Office of Trade Negotiations said yesterday, after a report said that Washington is set to reduce Taiwan’s tariff rate to 15 percent. The New York Times on Monday reported that the two nations are nearing a trade deal to reduce Taiwan’s tariff rate to 15 percent and commit Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to building at least five more facilities in the US. “The agreement, which has been under negotiation for months, is being legally scrubbed and could be announced this month,” the paper said,
NATIONAL SECURITY THREAT: An official said that Guan Guan’s comments had gone beyond the threshold of free speech, as she advocated for the destruction of the ROC China-born media influencer Guan Guan’s (關關) residency permit has been revoked for repeatedly posting pro-China content that threatens national security, the National Immigration Agency said yesterday. Guan Guan has said many controversial things in her videos posted to Douyin (抖音), including “the red flag will soon be painted all over Taiwan” and “Taiwan is an inseparable part of China,” while expressing hope for expedited “reunification.” The agency received multiple reports alleging that Guan Guan had advocated for armed reunification last year. After investigating, the agency last month issued a notice requiring her to appear and account for her actions. Guan Guan appeared as required,